ISM non-manufacturing index in September

RachelKoning

The Institute for Supply Management's non-manufacturing index registered at a better-than-expected 53.9 in September, the group reported Thursday. A survey of economists by CBS.MarketWatch.com showed expectations for a reading at 51.4. A number topping 50 indicates business expansion, while a reading below that mark shows contraction. The index is newer than the closely watched monthly gauge on manufacturing issued by the ISM.

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